PENGARUH LEVERAGE, PROFITABILITAS, UKURAN PERUSAHAAN DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN

Abstract

Company value indicates an increase shareholder wealth if the stock price was increases. The value of the company becomes very important because it reflects the performance of the company that can influenced the perception of investors to the company. This research aims to examine the influence of leverage, profitability, firm size and dividend policy on firm value on food and beverages companies which is listed in Indonesia Stock Exchange. This research uses secondary data obtained from Indonesia Stock Exchange (BEI). The population in this research is obtained by using purposive sampling method at food and beverages company which is listed in Indonesia Stock Exchange (BEI) during 2012-2016 period and based on predetermined criterion, the sample of 7 food and beverages companies is obtained. The analysis method used is multiple linear regression analysis with using SPSS application tools (Statistical Product and Service Solutions) version 23. The results showed that leverage, profitability and dividend policy together have a positive and significant influence on the firm value. While the size of the company has a positive and insignificant influence on the value of the company.
Keywords: leverage, profitability, firm size, dividend policy, company value.